Longgao Co., Ltd.: Net profit for the first quarter was 18.8609 million yuan, a year-on-year decrease of 25.99%.

Longao Group announced that in the first quarter of 2026, its operating income was 53.4347 million yuan, a year-on-year decrease of 26.45%. Net profit was 18.8609 million yuan, a year-on-year decrease of 25.99%. The main reason for the decrease in this reporting period is the impact of weak international market demand, complex international trade situation, intensified competition in the domestic ceramic industry, and overall market downturn, leading to a significant decrease in ceramic industry orders; at the same time, there has been a phased change in the procurement structure of raw materials for daily-use ceramic industry products. As a result of these combined factors, the company's product sales volume decreased, leading to a year-on-year decrease in operating income, total profit, and net profit.